When a Firm Hires a Fourth Worker,its Wage Rate Goes

question 23

Multiple Choice

When a firm hires a fourth worker,its wage rate goes from $80 a worker to $90.The marginal revenue product of the fourth worker is $100.If the firm hires the fourth worker,its profits

• A) will increase by $10.
• B) will increase by $20.
• C) will decrease by $10.
• D) will decrease by $20.

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Definitions:

Neurocognitive Disorders

A group of psychological disorders mainly impacting cognitive functions such as perception, memory, learning, and the ability to solve problems.

African Americans

An ethnic group in the United States with partial or total ancestry from any of the black racial groups of Africa.

Delirium

A rapid onset of confusion and changes in cognitive function, resulting from physiological causes such as infection, medication, or substance withdrawal.

Neurocognitive Disorder

A class of conditions that affect cognitive functions such as memory, decision-making, and attention, due to various neurological causes.